WINNIPEG – The Canadian dollar took a step back on Thursday morning.
The loonie was at US$0.7280 or US$1=C$1.3736, lower than Wednesday’s close of US$0.7313 or US$1=C$1.3675.
The United States Dollar Index was down 0.07 of a point at 104.32.
Crude oil prices continued to be in decline on Thursday. Brent crude oil fell US$1.60 at US$79.58 per barrel. West Texas Intermediate (WTI) dropped US$1.64 at US$75.02/barrel.
The TSX/S&P Composite Index added 10.32 points at 20,068.21.
Gold jumped US$11.30 at US$1,975.60 per ounce.